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Updated almost 8 years ago,

User Stats

7
Posts
0
Votes
Cristian Nicolaie
  • Investor
  • Mount Prospect, IL
0
Votes |
7
Posts

BRRR refinance option for 15 to 20 year with fixed rate, any help

Cristian Nicolaie
  • Investor
  • Mount Prospect, IL
Posted

So here I am two years into landlordship with lots of cash poured into my first BRRR and stuck with ridiculous conditions for refinance.

I thought it would be an easy process, had all the math done, turned a mixed use into a fourplex, lots of upgrades but now I find out there is no real refinancing options to recover the cash investment I did to upgrade the property. 

I was wondering if there are any way to get a 15-20year fix rate refinance with cash out at closing.   

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